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Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

Zerodha Logo

About Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi... Know more about Alice Blue Financial Services

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Zerodha Vs Alice Blue

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Zerodha Alice Blue
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Year of Incorporation 2010
Number of Branches 22
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Charges & AMC

Zerodha trading account opening charges is Rs 200 while Alice Blue account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.

  Zerodha Alice Blue
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 300 Rs 400

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Zerodha Vs Alice Blue Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

Account Type Zerodha Flat Brokerage Plan Alice Blue Freedom 15
Fixed Charges
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 15 per order or 0.01% whichever is lower
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 20 per executed order Rs 15 per order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 15 per order
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 20 per executed order or .03% whichever is lower Rs 15 per order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

Zerodha Charges Vs Alice Blue

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 20 per executed order

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Zerodha Vs Alice Blue Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

  Zerodha Alice Blue
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 135 per Cr (0.00135%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Zerodha Alice Blue
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Zerodha AccountOpen Alice Blue Account

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Compare Zerodha and Alice Blue Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Zerodha Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close Equity: 3:15PM
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes Yes
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Review

Zerodha is rated 3.7 of 5 based on 446 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 32 customer reviews.

  Zerodha Alice Blue
  446 Customer Reviews    Rate Zerodha 32 Customer Reviews    Rate Alice Blue
Fees 3.7 3.8
Brokerage 4.2 3.7
Trading Platform 3.6 3.6
Customer Service 3.4 3.0
Research Capabilities 2.8 1.9
Overall Ratings Rated 3.7 stars Rated 3.4 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 446 customer reviews Alice Blue is rated 3.4 of 5 based on 32 customer reviews

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Contact Broker / Request A Call Back

  Zerodha Enquire Alice Blue Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today. Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

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Zerodha Vs Alice Blue Investment Options

  Zerodha Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Zerodha Vs Alice Blue Order Type Offered

  Zerodha Alice Blue
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Zerodha AccountOpen Alice Blue Account

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Zerodha Vs Alice Blue Research Report

  Zerodha Alice Blue
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Zerodha Vs Alice Blue Suitable For Investor Type

  Zerodha Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

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Zerodha Vs Alice Blue - Pros and Cons

  Zerodha Alice Blue
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  • Discount stock broker.
  • Most advance trading platform.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Free Equity Delivery Trade + FREE Account Opening

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.

Open Zerodha AccountOpen Alice Blue Account

Frequently Asked Questions

  1. 1. Is Alice Blue better than Zerodha?

    Alice Blue is a SEBI Registered discount broker based out of Bangalore, incorporated in 2006. Zerodha is also a SEBI Registered discount broker based out of Bangalore, incorporated in 2010. Zerodha offers only online broking services at a low cost, whereas Alice Blue offers online and offline broking services to its clients.

    Read Alice Blue vs Zerodha for a detailed comparison between Zerodha and Alice Blue.

     

Compare Zerodha Compare Alice Blue
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